Advisers unlikely to benefit from £206m FSCS levy cut 

The FSCS has cut its latest levy forecast by £206m from £1.04bn to £833m but the body has warned that the levy on advisers is unlikely to change.

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FCA considers expanding high-risk investment classification

The Financial Conduct Authority (FCA) has said it is considering expanding the classification of high-risk investments to include more types of investments which should be subject to marketing restrictions in its proposals to strengthen financial promotion rules.

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Retirees drawn to riskier investments warns FSCS

The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.

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LCF victims get green light for ISA reinvestment

HMRC has given London Capital & Finance (LCF) ISA investors the green light to reinvest their Financial Services Compensation Scheme (FSCS) compensation payments into a new or existing ISA. 

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